Common use of Election Statement Clause in Contracts

Election Statement. 1. The Company and North American Re hereby agree to the following pursuant to Section 1.848-2(g)(8) of the Income Tax Regulation issued December 1992, under Section 848 of the Internal Revenue Code of 1986, as amended. This election shall be effective for 1992 and for all subsequent taxable years for which this Agreement remains in effect.

Appears in 6 contracts

Samples: Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii), Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii), Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii)

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Election Statement. 1. The Company and North American Re hereby agree to the following pursuant to Section 1.848-2(g)(8) of the Income Tax tax Regulation issued December 1992, 1992 under Section 848 of the Internal Revenue Code of 1986, 1986 as amended. This election shall be effective for 1992 and for all subsequent taxable years for which this Agreement remains in effect.

Appears in 1 contract

Samples: Automatic and Facultative Reinsurance Agreement (Minnesota Life Variable Universal Life Account)

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